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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (405841)	8/12/2008 7:06:34 AM
From: steve harris	Read Replies (2) \| Respond to of 1577346

Ah yes, let me guess, another "America sucks" story by Jennifer Kerr of the AP? yawn a commonWetDreams contributor.... commondreams.org

To: Road Walker who wrote (405841)	8/12/2008 9:38:13 AM
From: i-node	Respond to of 1577346

Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress. ... Collectively, the companies reported trillions of dollars in sales, according to GAO's estimate. "It's shameful that so many corporations make big profits and pay nothing to support our country," said Sen. Byron Dorgan, D-N.D., who asked for the GAO study with Sen. Carl Levin, D-Mich. WHAT A STUPID REMARK. There was nothing in the article that even remotely suggested these corporations are reporting "taxable income". I own several corporate interests which would never, ever pay corporate income taxes -- because they're S Corps and LLCs. In additional, small C-Corps who receive competent tax advice NEVER report taxable income. This is such a typical bogus liberal article. Slightly factual, but totally as expected. Intentional misrepresentation. I'm sure it will be being cited by the idiot liberals all over the Internet as proof of Bush's badness.

To: Road Walker who wrote (405841)	8/12/2008 10:17:13 AM
From: longnshort	Read Replies (1) \| Respond to of 1577346

Because they are 'S' Corps. The owners pay the federal tax, what a stupid article